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20121204
20121204
Search Results 0 to 3 of about 4
of the fiscal cliff is already being felt in business planning for next year and 2014. >> even leading up to that, people becoming more conservative. that's had an impact on what the growth will be in '13 all things being equal and we're in danger if this strings out into '13 that you could have problems of what '14 would look like. >> by 2013 if negotiations get strung out, it will impact decision making and whether or not to build a plant or hire people or expand a division or not. >> which we have heard time and again from many of the leaders and many corporations whether they be financial or otherwise. it comes back to this world. certainty. lack of it. and we don't have a lot of certainty at this point. they still have to do business. not as though they won't come in on january 1st and go to work. they are. >> i was thinking, david, could there possibly be any m&a between now and year end? no. >> maybe a little. >> there will be some. you're less likely to make the big move. less likely to make the big move for a variety of reasons. one of them being you don't know how you're going t
are mired in conversations about a fiscal cliff on the very right now. we're talking about long-term infrastructure build-out, a long-term energy plan. what role should c.e.o.'s have and the federal government have in making sure this gets done? >> this is the perfect opportunity for the federal government and for state governments to work together to achieve a common goal, right? there's plenty of times where, when we run a business, our interests might not coalesce with the interests of either of the parties. as fred said, this is the opportunity that we have never had in this country before, where you can have consumer, the business and the governments all working together to take advantage of this huge resource, if you want to call it saudi america. from a waste management perspective, for us it makes so much sense, because it makes business sense. we get about $1.65 equivalent with natural gas and $4.10 diesel, so it makes great sense for our business. from a government point of view everybody today is talking about jobs and the fiscal cliff. our recommendations in the repo
in april, 2011. the last minute on the fiscal cliff -- i do not think it is a good way to do business. it seems to be the way we are doing business in this town. host: if we were to go over, what happens? guest: probably, congress would be back in session quickly and we would do something but i am talking about right now, hopefully, and continue to negotiate. it is not to question of dollars and cents. some people have said we could let the rates go up and the republicans could take something down and they could call that a tax cut. people would lose faith in the institution and political leadership. trust is a funny commodity. you have it until you do not. you do not get it back if you lose the trust and then do the right thing the next day. we should convince the country, the markets and the world that america can make smart decisions and tough compromises. this would be a step in the right direction of showing we can work together, and we could put the people first. we have differences and we could fight without putting them in harm's way. host: roger altman writes in "the financia
to avert that fiscal cliff that we hear so much about. yesterday, after weeks of delay, and as the days dwindle and taxes are set to go up for millions of families and businesses, republicans in the house finally showed up at the negotiating table. and now we know why they've been holding their cards so close it their vest. their proposal would raise taxes on millions of middle-class families. their plan to raise $800 billion in revenue by eliminating popular tax deductions and credits would reach deep into pockets of middle-class families. republicans are so intent on protecting low tax rates for millionaires and billionaires, they're willing to sacrifice middle-class families' economic security to do so. at the first of the year, middle-class families, will get an average of $200 i,200 in additional taxes they'll have to pay. their proposal was short on specifics but we do know from independent analysis that it is impossible to raise enough revenue and make a dent in our deficit without using one of two things -- raising tax rates on the top 2% or raising taxes on the middle class. an
Search Results 0 to 3 of about 4